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Severance 80550
705 Ponderosa Dr
$267,495
● House - Off Market

705 Ponderosa Dr

Severance, CO 80550
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,525 Ft²
$489,528
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

LIMITED TIME FRONT YARD LANDSCAPING INCENTIVE AT NO ADDTIONIAL COST!!  Everything is better at Sunset Ridge! Quality built homes by NORCO Construction Services with many standard features that would be considered upgrades elsewhere. IB accredited Range View Elementary School anchors the neighborhood. Quiet and secluded yet minutes from amenities. 100% USDA financing available. Model open 12-4 Wed-Mon. What are you waiting for? Come and see us today.
Unit Size
1,525 Ft²
Days on Market
35 days
Land Size
0.19 acres
Price per sqft
$172
Property Type
House
Property Taxes
$1
HOA Dues
$25
Year Built
2013

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (IRES MLS #724550)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Dec 15, 2013 Listed by C3 Real Estate Solutions, LLC $261,900
Listed by C3 Real Estate Solutions, LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,512
  • Garage Type: 1
  • Garage Square Area: 796
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,060
  • Total Building Area: 3,828
  • Gross Building Area: 3,828
  • Building Area: 2,956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET RIDGE 1ST FG
  • Land Acres: 0000000185
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: L5 BLK5 SUNSET RIDGE 1ST FG

Neighborhood

  • School District Name: Windsor School District RE-4
  • Census Tract: 002208

Geography

  • Account Number: R6777422
  • Parcel: R6777422
  • Block: 5
  • Lot: 5
  • Latitude: 40.5169
  • Longitude: -104.865

    Address

  • Full Address: 705 Ponderosa Dr
  • Address - House Number: 705
  • Address - Street Name: Ponderosa
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Severance
  • Carrier Code: R019
  • 4-Digit Zip Code: 3026
  • Zip Code: 80550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $227,934
  • Tax Rate Code Area: 0434

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 578,553
  • High Value: 671,540
  • Low Value: 485,566

    Market Valuation

  • Market Total Value: $439,135
  • Market Land Value: $105,000
  • Market Improvement Value: $334,135

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,430
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $22,390

    Sales

  • Current Sale Contract Date: May 16, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4019641
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Severance

Stats & Trends

Median Asking:

$524,950

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2551 ft²

Average Home Age

8.4 years

Currently For Sale

121 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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IRES

Listed by: Benjamin Cornali, C3 Real Estate Solutions, LLC
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 724550
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 705 Ponderosa Drive built and last sold?
The property at 705 Ponderosa Drive was built in 2013 and last sold on May 16, 2014 for $267,494.
How much is this home worth?
The estimated value of the home located at 705 Ponderosa Drive is $0.
What are some comparable homes to 705 Ponderosa Drive?
There are currently no comparable homes to 705 Ponderosa Drive.
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